$165,000
0.76 Acres
Land
Traci Page, Listing Office: EXIT Realty Gulf Shores
Is 36574, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 36574 has remained a Seller's Market.
Key Takeaway
36574 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 36574, AL
How much do homes in 36574, AL cost?
Median Sold Price
$555,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$250,000(+82.0%)
Key Takeaway
Homes in 36574 have sold for 82% more than they did a year ago.
Summary: The median home sold price in 36574 was $555,000 in November 2024, up 82% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | - | N/A |
| 3 Bedrooms | $327.5K | $501.7K | +53.2% |
| 4 Bedrooms | $300.2K | $585K | +94.8% |
| 5+ Bedrooms | $800K | - | N/A |
Summary: 36574 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 53.2%, 4 bedroom homes increased by 94.8%, and 5+ bedroom homes did not change.
Housing Supply in 36574, AL
How many homes are available in 36574, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The 36574 real estate market had 8 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 36574 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 36574, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 36574 in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 36574, AL
How long does it take to sell a home in 36574, AL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 88 Days | +158.8% |
Summary: Homes in 36574 had an average of 88 days on market in Nov 2024, up by 158.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 36574 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 36574; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.